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If your company's fiscal year aligns with the calendar year, classifying dates into quarters and years for reporting is straightforward. However, if the fiscal year differs, formulas are necessary to categorize dates into fiscal periods. First, to classify dates into calendar periods, the ROUNDUP function can extract the quarter by dividing the month by three and rounding up. For extracting the year, the YEAR function is utilized. This results in a list of calendar quarters and years. If using a pivot table for analysis, these formulas are not needed, as the pivot table provides a grouping tool for easy classification.